• About
  • Advertise
  • Careers
  • Contact
Sunday, June 22, 2025
  • Login
No Result
View All Result
NEWSLETTER
Reporters At Large
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
No Result
View All Result
Reporters At Large
No Result
View All Result
Home Featured

Auditor-General Uncovers N167.5M Fraud At Federal Medical Centre Owo

by ReportersAtLarge
January 20, 2022
in Featured, News
Reading Time: 2 mins read
0
Federal Medical Centre Owo, Ondo State
Share on WhatsappShare on FacebookShare on TwitterShare on Linkedin

The report of an audit carried out by the Office of Auditor-General for the Federation has indicted the management of the Federal Medical Centre, Owo, Ondo State of mismanaging a sum of N167.5 million.

ADVERTISEMENT

The audit, carried out in 2020, revealed that development contravened the Financial Regulations (FR) (2009) in handling the funds the institution generated internally and those allocated to it by the government.

Auditor-General for the Federation, Adolphus Aghughu, signed the report titled, “Auditor-General for the Federation’s Annual Report on Non-Compliance/Internal Control Weaknesses Issues in Ministries, Departments and Agencies (MDAs) of the Federal Government of Nigeria for the Year Ended December 31 2019”.

ADVERTISEMENT

The same audit report had also indicted the management of the Federal Medical Centre (FMC) of mismanaging an approximate sum of N515 million.

Following the discovery, the Auditor-General for the Federation has ordered the management of the FMC, Owo to explain before relevant authorities the reason(s) for infractions and return the said sum to the government treasury or face sanctions.

RelatedPosts

Giggles Properties Partners Oyo Govt To Redevelop Aleshinloye Market Into World-Class Hub

Makinde Justifies N63.4bn Approved For Government House Reconstruction

Senate Justifies Increase Of Rivers 2025 Budget By N365bn

According to the report, some of the infringements include an award of contracts above the approval threshold of the Chief Medical Director; non-deduction of one per cent stamp duty from contractors; unretired personal advances; payment without relevant supporting documents and refusal to remit Internally Generated Revenues (IGRs).

Others are a violation of government e-payment policy, refusal to take items on store ledger charge, non-retirement of cash advances, and direct procurement without the approval of the Bureau of Public Procurement.

Specifically, the audit report, among others, indicted FMC Owo of non-remittance of 25 per cent of its IGR, amounting to N11.5 million.

It noted that the hospital generated N46.3 million in 2019 as non-revolving IGR, adding however that there was no evidence of remittance of 25 per cent of the IGR, as required by the extant laws.

The report also discovered that the FMC, Owo paid a 15 per cent mobilisation fee, totalling N21.3 million, without submitting an Advance Payment Guarantee (APG) by benefitting contractors.

According to the audit report, in 2019, three contractors got N21.3 million from the institution for various projects but the management of the FMC, Owo failed to submit the APG.

The audit report also indicted the hospital management of approving contracts above the threshold of the Chief Medical Director (CMD), to the tune of N120.9 million, in 2019.

The report observed that the CMD solely approved the award of contracts (amounting to N120.9 million), the same year, without recourse to the Tender’s Board saddled the authority for approval as required by extant regulations.

“The institution also failed to deduct N2.2 million as one per cent stamp duty from its contractors, being the amount from the N225.8 million paid to contractors for various contracts,” the report stated.

Besides, the audit report also noted that the management of FMC, Owo did not retire personal advances, totalling N11.4 million.

“There was no evidence to show that the amount was retired as at the time of audit in February 2020, contrary to extant regulations, and there were cases of multiple personal advances without retiring previous advances granted to some of the staff,” the report stated.

The audit report also accused the hospital management of making N5.2 million payments for contracts without relevant supporting documents.

Tags: BREAKING NEWSFederal Medical Centre OwoOndo State News
SendShareTweetShare
ReportersAtLarge

ReportersAtLarge

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

More

Giggles Properties Limited
News

Giggles Properties Partners Oyo Govt To Redevelop Aleshinloye Market Into World-Class Hub

by ReportersAtLarge
June 21, 2025
0

Giggles Properties Limited, a leading real estate development firm with a strong track record in infrastructure and urban renewal projects,...

Read moreDetails
Seyi Makinde
News

Makinde Justifies N63.4bn Approved For Government House Reconstruction

by ReportersAtLarge
June 20, 2025
0

On Friday, Oyo State Governor Seyi Makinde cleared the controversy surrounding the approval of N63.4 billion for the reconstruction of...

Read moreDetails
Nigerian Senate Plenary Session
News

Senate Justifies Increase Of Rivers 2025 Budget By N365bn

by ReportersAtLarge
June 19, 2025
0

The Nigerian Senate has defended an increase of N365 billion in the new N1.846 trillion budget presented by Rivers State...

Read moreDetails
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Asiwaju Bola Tinubu

Tinubu Raises Alarm Over His Mandate

2 years ago
Minister of Solid Minerals Development, Dr. Kayode Fayemi

Ekiti Starts Contact Tracing Of Four New COVID-19 cases

5 years ago

Popular News

  • Ojo-Lanre Receives Durian NG Award For Excellence In Rural Tourism

    0 shares
    Share 0 Tweet 0
  • Giggles Properties Partners Oyo Govt To Redevelop Aleshinloye Market Into World-Class Hub

    0 shares
    Share 0 Tweet 0
  • Makinde Justifies N63.4bn Approved For Government House Reconstruction

    0 shares
    Share 0 Tweet 0
  • With 32 Bills And 106 Motions In Two Years, Our Record Speaks For Itself — Oyo Speaker, Ogundoyin

    0 shares
    Share 0 Tweet 0
  • Senate Justifies Increase Of Rivers 2025 Budget By N365bn

    0 shares
    Share 0 Tweet 0

Connect with us

ADVERTISEMENT

About Us

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

With a high level of professionalism, fairness, objectivity, accuracy and speed, we publish Breaking News Nigeria Today Headlines and International news on Politics, Tourism and Travel, Entertainment, Sports, Business Lifestyle and Sports.

Category

  • Auto Trend
  • Breaking Bones
  • Business
  • Columns
  • Entertainment
  • Featured
  • For The Record
  • Health
  • Innovation
  • Lifestyle
  • Metro
  • News
  • Opinion
  • People & Events
  • Politics
  • Press Releases
  • Science & Technology
  • Sponsored
  • Sport
  • Tourism & Culture
  • Video
  • Video News
  • WorldNews

Recent Posts

  • Ojo-Lanre Receives Durian NG Award For Excellence In Rural Tourism June 22, 2025
  • Giggles Properties Partners Oyo Govt To Redevelop Aleshinloye Market Into World-Class Hub June 21, 2025
  • Makinde Justifies N63.4bn Approved For Government House Reconstruction June 20, 2025
  • With 32 Bills And 106 Motions In Two Years, Our Record Speaks For Itself — Oyo Speaker, Ogundoyin June 20, 2025
  • Telegram Founder To Leave Fortune To Over 100 Children He Has Fathered June 20, 2025
January 2022
SMTWTFS
 1
2345678
9101112131415
16171819202122
23242526272829
3031 
« Dec   Feb »
  • Home
  • News
  • Business
  • Politics
  • Tourism
  • Lifestyle
  • RAL TV
  • More

© 2016-2024 RAL - Guided by professionalism

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us

© 2016-2024 RAL - Guided by professionalism

Verified by MonsterInsights